I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.
yes, thats right not all ICO scams mate
but if you said "judging a project based on its first few years is wrong", i disagree with that words,
because if in the first few years a project do not have any active developments, why we must believe to a kind of project like that ?
and for me a good or active project should have an updates at least once a years buddy,,